Foxconn, a major electronics manufacturer for Apple, Google, Nvidia, and others, confirmed a cyberattack impacting some North American factories. The ransomware group Nitrogen claimed responsibility, stating they stole over 11 million files including sensitive data from Foxconn's clients. Foxconn's affected factories are resuming normal production, but the hackers threaten to leak stolen data if their ransom demands are not met. This incident highlights ongoing cybersecurity risks for major tech suppliers.
Investing $5,000 in Apple today could yield about $7,705 by 2031, a 54.1% total return or roughly 9.03% annualized, driven by strong iPhone sales, record Services revenue, and AI advancements like Siri. The bullish scenario projects even higher retur...
Chinese President Xi Jinping is set to visit the U.S. from Wednesday to Friday, with several top American tech executives like Microsoft CEO Satya Nadella, Nvidia's Jensen Huang, and Apple's Tim Cook attending a key dinner in Washington, D.C. The Chi...
Ron Johnson, who built Apple's retail stores, believes AI will enhance online shopping but won't replace physical stores. He argues that personal, high-value purchases like laptops require in-person experience, which AI can't provide. Johnson expects...
Apple is offering up to $95 per device to customers who bought certain iPhone 15 and 16 models in the US between June 10, 2024, and March 29, 2025, as part of a $250 million settlement. The lawsuit claimed Apple misled customers by promoting advanced...
The Invesco S&P 500 Momentum ETF (SPMO) underwent a semi-annual reconstitution, resulting in 54 changes affecting about 40% of its portfolio. Apple and Merck were the largest additions, while Nvidia was removed despite a strong one-year gain of over ...
